The Portable MBA in Finance and Accounting by Theodore Grossman, John Leslie Livingstone

By Theodore Grossman, John Leslie Livingstone

The most modern quantity within the bestselling sequence

In present day enterprise surroundings, a data of finance and abilities in budgeting and fiscal making plans are extra very important than ever earlier than. completely up-to-date and revised, this hugely expected 3rd variation presents new info on 5 such key themes as examining monetary statements; info know-how in finance; making plans capital costs; info expertise and your company; company valuation, and lots more and plenty extra. most sensible specialists in every one box clarify the fundamentals of cost-volume research, forecasts, and budgets, and exhibit how you can create a successful marketing strategy. perfect interpreting for any supervisor or govt who wishes a ''refresher course'' in finance.

Les Livingstone , PhD, MBA, CPA (West Palm seashore, FL), runs a countrywide consulting company which makes a speciality of complicated company examine and professional testimony in huge advertisement proceedings. He was once chairman of the department of Accounting and legislations at Babson College.

Theodore Grossman (Wellesley, MA) is a senior member of the college of Babson university with an appointment in info know-how and accounting.

Show description

Read Online or Download The Portable MBA in Finance and Accounting PDF

Best management science books

Currency Risk Management: A Handbook for Financial Managers, Brokers, and Their Consultants

Concentrates on a tremendous region of fine enterprise perform, the prudent and skilful administration of foreign money danger. The booklet deals an easy, direct method of knowing the fundamental and complex ideas of foreign money possibility administration, geared toward a extensive diversity of economic pros.

The Online Rules of Successful Companies: The Fool-Proof Guide to Building Profits

There is now sufficient background to spot particular principles for systematically construction the profitability of just about any enterprise on-line. during this e-book, Robin Miller systematically introduces those principles, and indicates precisely how one can use them to greatest virtue, no matter what you industry -- items, providers, details, or advertisements.

Strategic Orientation and Alliance Portfolio Configuration: The Interdependence of Strategy and Alliance Portfolio Management

Strategic alliances became a vital part of a firm’s technique. regardless of the becoming empirical facts of the strategic value of alliances, the impact of a firm’s process at the layout of its alliance portfolio has rarely been addressed by means of strategic administration study. Following the resource-based view, social community concept and transaction expense idea, Katharina Wratschko exhibits the advanced courting among a firm’s enterprise technique and its alliance portfolio.

333 Keywords Marktforschung: Grundwissen für Manager

Von der Ablenkungsfrage über die Conjoint-Analyse und Matched Samples bis zum Zentralitätseffekt: Die Sprache der Marktforschung zeichnet sich durch unzählige Fachtermini und Anglizismen aus. Einen ersten schnellen Überblick verschafft das vorliegende Nachschlagewerk. Anhand von 333 übersichtlichen Schlüsselbegriffen werden die Grundkonzepte und -theorien der Marktforschung erläutert.

Extra info for The Portable MBA in Finance and Accounting

Example text

Nonrecurring items revealed Property and equipment Long-term debt Foreign currency Restructuring e. Contingencies f. Segment disclosures g. Quarterly financial data Gains and losses on asset sales Foreign currency and debt-retirement gains and losses. Foreign currency gains and losses Current and prospective impact of of restructuring activities Prospective revenues and expenses Various nonrecurring items Various nonrecurring items components of earnings. Generally accepted accounting principles (GAAPs) determine the structure and content of the income statement.

Companies often provide this type of information in their financial reporting. , recently disclosed the following financial quarterly information, in millions of dollars: Quarter Net sales Gross margin Gross margin Operating costs Operating income Operating income 4 3 2 1 $1,870 $1,122 25% $ 383 $ 64 4% $1,825 $1,016 30% $ 375 $ 168 9% $1,945 $1,043 28% $ 379 $ 170 9% $2,343 $1,377 28% $ 409 $ 100 4% This table compares four successive quarters of information, which makes it possible to see the latest trends in such important items as Sales, and Gross Margin and Operating Income percentages.

The reason is that both Accounts Receivable and Sales are measured in terms of the selling price of the goods involved. That makes Accounts Receivable Turnover a consistent ratio, where the numerator and denominator are both expressed at selling prices in an “apples-to-apples” manner. Inventory Turnover is also an “apples-to-apples” comparison in that both numerator, Cost of Goods Sold, and denominator, Inventory, are expressed in terms of the cost, not the selling price, of the goods. In our example, the Inventory Turnover was 5, or about 70 days.

Download PDF sample

The Portable MBA in Finance and Accounting by Theodore Grossman, John Leslie Livingstone
Rated 4.66 of 5 – based on 8 votes